This week, the price of calcium carbide decreased by 0.55% (1.8-1.14)

Recent price trends of calcium carbide

 

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According to the Commodity Market Analysis System of Business Society, the ex factory prices of calcium carbide in the northwest region have fallen this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China dropped from 3016.67 yuan/ton at the beginning of the week to 3000 yuan/ton over the weekend, a decrease of 0.55%, and the weekend price fell by 22.08% year-on-year. On January 15th, the calcium carbide commodity index was 78.60, unchanged from yesterday, a decrease of 62.96% from the highest point in the cycle of 212.23 points (2021-10-26), and an increase of 41.65% from the lowest point of 55.49 points on March 14th, 2016. (Note: The cycle refers to the period from September 1st, 2011 to present)

 

Insufficient upstream support and weakened downstream demand

 

From the supply side perspective, the ex factory prices of calcium carbide in the northwest region have fallen this week, and the inventory levels of manufacturers are average.

 

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The upstream blue charcoal market is consolidating at a low level, while the downstream PVC market prices have slightly declined. This weekend, the price of Shenmulan charcoal for intermediate materials was around 1110 yuan/ton, with prices consolidating at a low level and cost support average. The PVC market price has slightly declined this week, dropping from 5572 yuan/ton at the beginning of the week to 5550 yuan/ton at the end of the week, a decrease of 0.39%. Weekend prices fell 10.72% year-on-year. The PVC market price has slightly declined, and downstream customers have weakened their enthusiasm for purchasing calcium carbide. The downstream PVC market has a negative impact on the price of calcium carbide.

 

Calcium carbide may experience a volatile decline in the future market

 

In late January, the calcium carbide market may experience narrow fluctuations and mainly decline. The downstream PVC market has slightly declined, downstream demand has weakened, raw material blue charcoal prices have stabilized at low levels, and cost support is average. In the future, it is expected that the price of calcium carbide in the northwest region will fluctuate and fall narrowly in late January, with consolidation being the main trend.

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